Interview: Using ETF Momentum Strategies With Les Masonson by Jayanthi Gopalakrishnan
Donít Get Caught Unaware
Leslie N. Masonson is president of Cash Management Resources, a financial consulting firm that he founded in 1987. Masonsonís 44-year career has spanned trading, investing, financial advisory services, bank operations management, teaching, and corporate cash/treasury management consulting. He was a financial advisor for six years offering investment management services to retail clients of large financial institutions.
Masonson has authored books on cash management, daytrading, market timing, and relative strength investing using ETFs. He also writes book reviews for Futures magazine and has written product reviews for this magazine. His website is www.buydonthold.com and he can be reached at firstname.lastname@example.org.
STOCKS & COMMODITIES Editor Jayanthi Gopalakrishnan spoke with him on January 5, 2015 about trading and investing in exchange traded funds (ETFs) using momentum strategies.
Les, why donít you start by telling us a little bit about yourself and how you got interested in the financial markets.
Iíve been interested in the stock markets since 1957 when my grandmother gave me a few shares of PanAm Airways for my 13th birthday. From that point on I started reading about the markets, even though there were only a few books in my local library. I also traveled to Manhattan to visit the NYSE and AMEX visitorís galleries during my summer breaks from junior high school. I opened a brokerage account for minors and I also attended a few stockholder annual meetings in the NYC area for companies that I owned.